LED lighting market will likely see a compound annual

The use of these lights in the United States alone has saved 2.6 terawatt hours of power per year, equivalent to the electricity needed to power over 200,000 average U.S. households, according to a 2011 research report prepared by Navigant Consulting Inc for the U.S. Department of Energy.Ben Lin, senior analyst at international LED consultancy LEDinside in Shenzhen, said they may include some listed companies as well as unlisted players such as led high bay light and French-invested Zhongshan Juneng Hi-tech Optoelectronics & Lighting Co.Chinese LED makers currently rely heavily on foreign companies for chips, which account for half of the production cost of the lights. Bringing that technology back home would help reduce costs. Lower costs and advances in technology are crucial if China is to meets its LED goals.
Reflecting a global trend, the Chinese LED lighting market will likely see a compound annual growth rate of over 40 percent through 2016, making up 46 percent of the country's overall general lighting industry, the McKinsey report said.I believe the LED era will come one day," said Zhu Jianqin, executive director of Hong Kong-listed TCOrient Lighting Holdings Ltd (0515.HK), which is mainly involved in LED road lighting manufacturing.It also plans to nurture 20 to 30 technologically competitive industry leaders involved in LED chip making, packaging or fixture manufacturing, and nominated the sector - now with an annual output value of about 200 billion yuan ($32.09 billion)- to receive further government support.

Next week at Strategies in Light, the premier conference and exhibition for solid-state lighting (SSL), emerging fabless company, Ikon Semiconductor, will debut its digital controller Integrated Circuit technology for the dimmable LED retrofit market. The new technology is designed to meet cost and performance standards for today’s LED lighting products, while also enabling greater design simplicity for bulb manufacturers and OEMs. Central to the led flood light value is an innovative digital architecture that eliminates costly components – a benefit that reduces the form factor and improves reliability.

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